About the client
BrainDrip LLC are an innovation & technology developer in the gas sector, based in the USA. They specialise in gas storage, transmission and distribution equipment, holding over 40 patents. Their Innverated Tubular Composite (ITC) is a lining system for gas pipelines, suitable for transporting many gasses including hydrogen.
The Challenge
BrainDrip LLC are looking to raise Series B funding to invest in production capacity to roll out the technology and capture market share. In order to do this, they support from a partner in the industry to:
- Support their understanding of the market
- Create an independent financial model
- Provide a valuation for their product
The Solution
Gemserv were selected to complete a detailed market study into the hydrogen and natural gas markets in the chosen regions of the USA and EU. Our role involved:
- Investigating greenfield and pipeline renewal demand and gas storage demand
- Evaluating the ratio of these that are applicable to BrainDrip’s ITC technology
- Developing a quantification of the potential of each market studied
- Creating a full financial model
The Impact
Our investor-ready report and model offered insights and understanding to BrainDrip LLC. The report allowed our client to:
- Guide the decision-making of their management team
- Assist strategic development
- Provide potential investors, clients and customers with vital information
- Convey their value proposition clearly and confidently